In recent years, there have been major changes not only in working styles but also in expectations from leaders. We need leaders who look beyond technical knowledge, instill confidence, manage uncertainty, master relationship skills, provide inclusive leadership and help others reach their potential.

As leadership expectations change over time, the methods of developing leaders must also change. The question for many organizational leaders is: How? What investments do they need to make today for the future success of their business?

According to a 2022 report by Harvard Business Review Analytic Services, 88% of respondents believe that a personalized approach to leadership development has unique value. While 61% of the participants find development-oriented tasks and rotations very effective, 60% evaluate coaching and 54% mentoring as very effective.

Coaching and mentoring are uniquely positioned to help leaders develop the relational skills they need today. When Leadership Development Programs are supported with coaching and mentoring, significant progress is made to provide integrated benefits.

Reference: “Leveraging Coaching and Mentoring to Create More Effective Leaders”, Harvard Business Review Analytic Services, 2022